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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: Glenn D. Rudolph who wrote (84135)11/14/1999 8:16:00 PM
From: KeepItSimple  Read Replies (2) of 164684
 
>I expect Amazon as a retail business to never turn a profit.

What does "profit" mean anyway? 99 percent of public companies never pay a dividend. In fact, if you add up all the insider options granted at Microsoft, for example, that company has NEVER TURNED A PROFIT SINCE INCEPTION.

Since dividends are a thing of the past, why would a public company ever care about making a profit? It's not as if that profit is distributed to shareholders or executives. The only thing that matters in todays financial world is keeping your stock price high long enough to sell out.

If you think anything else matters, please pass me some of whatever you are smoking.
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